Netflix Inc (NFLX)

[DiscoverGold]

Netflix (NASDAQ:NFLX) Raised to B at TheStreet
By: MarketBeat | December 24, 2020

Netflix (NASDAQ:NFLX) was upgraded by analysts at TheStreet from a "c+" rating to a "b" rating in a report issued on Tuesday, TheStreetRatingsTable reports.

A number of other analysts have also recently issued reports on NFLX. Royal Bank of Canada reiterated a "buy" rating and issued a $630.00 target price on shares of Netflix in a research note on Wednesday, December 16th. Benchmark dropped their price target on shares of Netflix from $420.00 to $380.00 and set a "sell" rating on the stock in a research report on Wednesday, October 21st. JPMorgan Chase & Co. reissued a "buy" rating and issued a $628.00 price target (up previously from $615.00) on shares of Netflix in a research report on Monday, November 23rd. Truist lifted their price target on shares of Netflix from $530.00 to $560.00 in a research report on Tuesday, September 8th. Finally, KeyCorp lifted their price target on shares of Netflix from $590.00 to $634.00 and gave the company an "overweight" rating in a research report on Thursday, October 15th. Five analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-six have given a buy rating to the company's stock. Netflix presently has an average rating of "Buy" and an average target price of $533.43.

Shares of NFLX opened at $514.48 on Tuesday. The firm's 50 day moving average is $499.94 and its 200-day moving average is $492.72. The stock has a market capitalization of $227.29 billion, a P/E ratio of 82.98, a P/E/G ratio of 2.68 and a beta of 0.93. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.24 and a quick ratio of 1.24. Netflix has a 12-month low of $290.25 and a 12-month high of $575.37.

Read Full Story »»»

DiscoverGold